SCC committee discusses issues related to Sharjah’s economy and tourism
SHARJAH, UAE - The Financial, Economic and Industrial Affairs Committee of Sharjah Consultative Council (SCC) held a meeting to discuss...
Business
Economy
UAE-Indonesia CEPA to launch new era of strategic cooperation: Emirati ministers
The CEPA with Indonesia is the third of its kind to be signed by the UAE since the year started,...
- The CEPA with Indonesia is the third of its kind to be signed by the UAE since the year started, following the ones signed with India and Israel in February and May, respectively
- The agreement aims to enhance the bilateral trade between the two countries and raise its total value from around US$3 billion in 2021 to US$10 billion annually within five years
Economy
Widows in Jordan battle livelihood, mental health issues
The number of breadwinning widows in the kingdom is around 30,000, according to the official data.
- The number of breadwinning widows in the kingdom is around 30,000, according to the official data
- The Department of Statistics estimates that around 8 percent of widows were jobless in 2021
Business
Saudi Arabia to build first carbon-free smart city
AlNama smart city being developed in Saudi Arabia will be a zero-carbon community, according to the Dubai's URB entrusted with...
- Spread over an area of 10 square kilometers in Riyadh, the hospitality hub will create around 10,000 jobs including green-tech industries to create a ‘green circular economy’
- The project is planned to provide 11,000 residential units and an eventual population of 44,000 people
Business
Jewels of Emirates Show features 20 UAE and international designers
The third edition of The Jewels of Emirates Show, UAE’s inaugural event specializing in diamond jewelry, gold, silver and luxury watches...
- The four day event is organized by Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce & Industry.
- The show has numerous special surprises for its visitors, including valuable gold, jewelry gifts and vouchers up to 1000AED.
Geostrategy
UAE, Cyprus to strengthen relations in multiple sectors
Anwar Gargash, Diplomatic Adviser to UAE President, discussed developing ties across various domains with Minister of Foreign Affairs of the...
- The two reviewed means to enhance cooperation to promote progress, prosperity.
- They also discussed various developments in the regional and international arenas.
Economy
Free trade pact with UAE will help Indonesia, says envoy
The Comprehensive Economic Partnership Agreement (CEPA) signed between Indonesia and the UAE on Friday will bring economic prosperity to a...
- The trade pact is expected to boost imports of petrochemicals from the UAE to Indonesia
- Indonesia imports around two million tonne of petrochemicals annually from the global market
Economy
Abu Dhabi Industrial Strategy to boost growth, says Dr Al Jaber
UAE Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber said the country continues to empower the...
- UAE empowers the industrial sector and increase its competitiveness by leveraging its resources, advantages and capabilities
- The strategy will support national industrial growth, nurture and empower Emirati talent, create a smart circular economy
Economy
‘Industrial sector a key player in Abu Dhabi’s economy’
Industrial sector performs key role in Abu Dhabi’s economy and a new industrial financing entity will soon be established for...
- ADDED chairman says a new industrial financing entity will soon be established for large industries and SMEs
- He said initiatives such as reducing electricity, water and gas tariffs have been launched to attract investments
Business
Abu Dhabi to set up industrial financing entity: Chairman ADDED
A new industrial financing entity will soon be established in Abu Dhabi to finance large industries and small and medium-sized...
- The entity will finance large industries and SMEs as industrial financing requires the establishment of new frameworks, Al Hammadi said.
- Abu Dhabi's industrial sector contributed about AED 83.5 billion to the emirate's GDP in 2021.
Business
AD Ports acquires stake in IACC
AD Ports Group's cash reserves to fully fund the deal.
- It is the first international acquisition by AD Ports Group.
- IACC wholly owns two Egypt-based maritime companies, Transmar International Shipping Company and Transcargo International S.A.E.
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
SCC committee discusses issues related to Sharjah’s economy and tourism
SHARJAH, UAE - The Financial, Economic and Industrial Affairs Committee of Sharjah Consultative Council (SCC) held a meeting to discuss...
Business
Company News
Global economic woes take toll on GCC contracts
Infographics
Masdar Green acquires properties
Business
ADNOC Drilling to buy 3 rigs
Business
Latest News
Sheikh Zayed Festival to air World Cup matches for fans
Arts & Culture
GPSSA clarifies conditions of insured individuals
ABU DHABI, UAE - The General Pension and Social Security Authority (GPSSA) said that the registration of insured individuals in...
Business
HUB71 startup community raises $1bn in venture capital
The milestone was achieved in a year which has seen Hub71 onboard 53 high growth technology companies.
Business
Masar signs $1.86 bn pact for construction of seven hotels in Makkah
Makkah, Saudi Arabia---Umm Al-Qura for Development and Construction Company, owner and developer of Masar Destination, an integrated urban destination in...
Business
Most Read
Economy
Dubai Customs and South Korea to boost trade ties
Dubai, UAE— Dubai Customs and a delegation from South Korea have discussed ways to further develop mutual trade cooperation. Dubai...
- Dubai Customs shared their experience in developing smart customs services and digital systems with the delegation
- The Korean delegation learned about the Post Clearance Audit System, which targets risky clearance transactions and enhances transparency in trade
Economy
TBI denies loan for ‘fake projects’, says recovered 1 trillion, 500 billion dinars
Responding to a story published on one of the satellite channels, the bank explained the amount of the total loans...
- Responding to a story published on one of the satellite channels, the bank explained the amount of the total loans in the bank is inaccurate
- The bank stressed there are no loans for fictitious projects, saying the report in the media which doesn't identify its sources directly affects it
Business
Algeria’s Sonatrach starts production in new gas field
The company announced the completion of production of the Tinrhert gas field at the end of November 2022.
- The company announced the completion of production of the Tinrhert gas field at the end of November 2022
- Algeria has signed many energy agreements with European countries during the current year